The density of microfinance institutions and multiple borrowing in Ghana: Are rural borrowers vulnerable?

Ewura‐Adwoa Ewusie, Samuel Kobina Annim, William Gabriel Brafu‐Insaidoo · 2021 · Journal of International Development

Summary. This study examines multiple borrowing patterns in Ghana, finding that 35% of borrowers use multiple microfinance institutions simultaneously. While higher density of MFIs reduces multiple borrowing overall, rural borrowers show greater vulnerability to overlapping loans and respond differently to various institutional features. The findings highlight how MFI expansion affects client sustainability and economic wellbeing.

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Ewusie, E., Annim, S. K., & Brafu‐Insaidoo, W. G.. (2021). The density of microfinance institutions and multiple borrowing in Ghana: Are rural borrowers vulnerable?. Journal of International Development. https://doi.org/10.1002/jid.3551

@article{ewusie-2021-density-microfinance-institutions-multiple-borrowing,
  title   = {The density of microfinance institutions and multiple borrowing in Ghana: Are rural borrowers vulnerable?},
  author  = {Ewura‐Adwoa Ewusie and Samuel Kobina Annim and William Gabriel Brafu‐Insaidoo},
  journal = {Journal of International Development},
  year    = {2021},
  doi     = {10.1002/jid.3551},
  url     = {https://doi.org/10.1002/jid.3551}
}

TY  - JOUR
TI  - The density of microfinance institutions and multiple borrowing in Ghana: Are rural borrowers vulnerable?
AU  - Ewura‐Adwoa Ewusie
AU  - Samuel Kobina Annim
AU  - William Gabriel Brafu‐Insaidoo
JO  - Journal of International Development
PY  - 2021
DO  - 10.1002/jid.3551
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Details

DOI: 10.1002/jid.3551
Countries: Ghana
Regions: Africa
Categories: funding, rural-data-and-definitions
Added: 2026-04-28